Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
hdbuck
on 30/12/2013, 01:30:48 UTC
I don't say what will happen, but bearish approach now would be to say that this "mini rally" got us to 732 and strong resistance found from 730 when last time "mini rally" got us to 764 and resistance was found from 760. -> Fuel is going down and with this low volume speculators will get nervous and start selling hard after a while.

That's a nice point. Although it may also be counter balanced by a 'plausible?' increase of new adopters and thus demand from now on.